27 Kennedy RdManchesterCT06042
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Manchester at 27 Kennedy Rd, Manchester, CT, 06042 priced at $424,900 pairs $3,319/mo rent with $432/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,319/mo, and annual cash flow comes to $5,180/yr on $140,854 invested. Return on cash invested is 23.59% in year one, and rental yield stands at 9.37% on a $424,900 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,392 by year five. Five-year ROI measures 123.36% and total cumulative return in cash reaches $173,757. For financing, Ziffy Mortgage’s DSCR program evaluates $3,319/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.81 Acres lot
$N/A/sqft
No HOA
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Listed by: Jim Burnett • Eagle Eye Realty PLLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080290
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.